Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business

UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

CNBC - 32m

IBM shares rise 9% on earnings beat

In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.

CNBC - 18h

Starbucks Reports Weak Earnings as It Tries to Woo Back Customers

Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.

The New York Times - 1d

Jim Acosta of CNN to Leave Network

The network wanted to move Mr. Acosta to the midnight time slot, a backwater in cable television news.

The New York Times - 1d

Nokia shares head for best day in months, as hard-hit mobile business appears to be stabilizing

Investors cheered results from Finnish telecom-equipment maker Nokia Corp., which swung to a profit in the final quarter of 2024, driving shares to their best session in months.

MarketWatch - 2h

Meta earnings reward investors who bid up shares to five straight record closes

Meta Platforms delivered a monster quarterly beat on everything from sales and earnings to cash flow and engagement.

CNBC - 3h

Microsoft shares slip on weak quarterly revenue guidance

Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.

CNBC - 15h

Video compilation shared on social media falsely claims large earthquake hit Turkey in 2025

Yahoo News - 1d

ASML shares jump 10% as surge in orders defies fears of DeepSeek hitting AI chip demand

Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.

CNBC - 1d

India's banking sector slump

Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantra

Financial Times - 2d

Strong Dollar vs. Weak Dollar

President Trump is of two minds when it comes to America’s currency.

The New York Times - 3d

Global technology shares tumble, spooked by China’s DeepSeek AI app – business live

Nasdaq futures tumble after Chinese lab DeepSeek rolls out free AI app in threat to US dominance. Here is the full story on Good Energy . Morgan Stanley has cut its forecast for UK growth this ...

The Guardian - 3d

Ericsson shares skid as enterprise trouble offsets AT&T boost

Ericsson shares slumped Friday as the telecom equipment maker missed on fourth-quarter profit due to its struggling enterprise division.

MarketWatch - 6d

S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns

Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.

The New York Times - 6d

CNN hit with 6% staff cut as network sets a plan for a digital future

Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.

Los Angeles Times - Jan. 23

Sainsbury’s to cut 3,000 jobs as rising costs hit business

Supermarket chain will lose a fifth of senior management roles and close in-store cafés

Financial Times - Jan. 23

Share of U.S. companies in China looking to relocate hits a record high, survey finds

A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.

NBC News - Jan. 23

Share of U.S. companies in China looking to relocate hits a record high, survey finds

A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.

CNBC - Jan. 23

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.

CNBC - Jan. 22

Trainline shares hit by UK plans for state-backed rival

Government outlines proposal for online service that brings together train operators’ ticketing websites

Financial Times - Jan. 22

Reddit shares rise 7%, hit record as Raymond James raises price target

Reddit shares closed up more than 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating.

CNBC - Jan. 21

Apple's Smartphone Sales Slump in China as Huawei Gains Market Share

The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.

The Wall Street Journal - Jan. 21

Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live

Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token. The UK chancellor, Rachel Reeves , will travel to the ...

The Guardian - Jan. 20

The L.A. Fires Expose a Web of Governments, Weak by Design

Who’s in charge? The muddled jurisdiction of Los Angeles leaves a critical question in doubt.

The New York Times - Jan. 19

The Celtics are in a slump — and their biggest issue is surprising

Should Boston be worried or is this just a blip on the radar?

Yahoo Sports - Jan. 17

Nintendo Shares Slump as Switch 2 Announcement Underwhelms

The Japanese company’s much-anticipated successor to its Switch console disappointed investors with a lack of specifics and a design that feels more like an update than a reinvention.

The Wall Street Journal - Jan. 17

UK companies outpace US businesses in share buybacks

FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share price

Financial Times - Jan. 17

Wells Fargo shares jump after earnings beat, strong 2025 guidance

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.

CNBC - Jan. 15

Tax Deadline for 2024 Disaster-Hit Small Businesses Nears

The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.

Inc. - Jan. 15

Storm use core player designation on Williams

Gabby Williams, who averaged a career-high 10.3 points last season, was designated as the Storm's core player and will not become an unrestricted free agent.

ESPN - Jan. 14

'Arteta paying price for not curing glaring Arsenal weakness'

Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.

BBC News - Jan. 12

'No room for weakness' - Australia deliver statement win

Australia show they can win even with a below-par performance, sending England an early warning in the opening match of the Women's Ashes.

BBC News - Jan. 12

As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump

The wildfire may be the costliest disaster in California history.

Inc. - Jan. 10

Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs

Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.

CNBC - Jan. 10

Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay

The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.

The Wall Street Journal - Jan. 10

How Business Owners Can Energize Their Teams and Hit Big Goals in 2025

Ditch predictable plans and inspire your team with bold moves and honest conversations.

Inc. - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3

Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business

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